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Initial Claims Drop to Lowest Level of 2022

Initial Claims Drop to Lowest Level of 2022

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We have new economic data ahead of the opening bell this Thursday, riding a strong two-day winning streak on the indexes, the latter of which blossomed after market participants absorbed Fed Chair Jay Powell’s comments following the Fed’s 25 basis-point increase yesterday afternoon. But stocks are trading down in the early session.

...read full article on Zacks Investment Research

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